Area data
Lexington, KY — ZIP 40516
Population: 2,926 (Census ACS)
Home values & appreciation
- Median home value
- $345,284
- 1-year appreciation
- +3.8%
- 3-year appreciation
- +6.4%
- 5-year appreciation
- +24.8%
- 10-year appreciation
- +70.0%
- All-time peak (2026-07)
- $345,284
- House Price Index
- 396.0 (+2.4% YoY)
Market activity
- Median sale price
- $1.02M
- Median list price
- $539,900
- Median days on market
- 40 days
- Sale-to-list ratio
- 95.3%
- Active listings
- 4
- 1-year forecast
- +2.0%
- New listings (monthly)
- 3
Rents
- Typical rent
- $1,875/mo
- 1BR fair-market rent
- $876/mo
- 3BR fair-market rent
- $1,416/mo
Affordability
- Cost of living index (Low)
- 88.5 (100 = US avg)
- Electricity rate (state-level)
- 13.2¢/kWh
- Natural gas rate (state-level)
- $14.20/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Natural hazards & flood risk
- Overall hazard risk
- Relatively Moderate
- Top hazards
- coldWave, iceStorm, lightning, strongWind, tornado
- FEMA flood zone
- X
- Flood risk level
- Minimal
Climate (30-year normals)
- Annual precipitation
- 52.2 in
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 45
- Days with Good air quality
- 232
- Days with Unhealthy air quality
- 1
Walkability & transit
- Walkability index
- 5.2 / 20
- Transit service frequency
- -99,999
Amenities
- National parks within ~60 mi
- 1
- Nearest national park
- Camp Nelson National Monument (23 mi)
- Nearest airport
- Wild Blue Airport (3 mi)
- Nearest major airport
- Blue Grass Airport (LEX) (13 mi)
- Hospitals nearby (~15 mi)
- 9
- Avg hospital rating
- 3.4 / 5
- Solar radiation rating
- Fair (4.1 kWh/m²/day)
Migration
- Net migration
- -1,114 tax filers
Housing stock
- Median year housing built
- 1,992
- Median annual property tax
- $2,547
- Households with broadband internet
- 75.7%
Employment & development
- Total county employment
- 159,917
- Average weekly wage
- $1,128
- Top industries (by employment)
- Health Care, Accommodation & Food, Administrative Services
- Annual residential building permits (county)
- 244
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →